The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Jan. 24, 2019.
Number of shares: 17.6 million shares
Purchase price: five cents per share
Warrants: 17.6 million share purchase warrants to purchase 17.6 million shares
Warrant initial exercise price: eight cents
Warrant term to expiry: two years
Number of placees: 27 placees
Insider: Buddy Doyle, 400,000
Finders' fees: Canaccord Genuity Corp., $8,400 cash and 168,000 warrants; Haywood Securities Inc., $2,800 cash
Finder's warrant initial exercise price: eight cents
Finder's warrant term to expiry: same terms as the warrant certificates
Note that in certain circumstances the exchange may later extend the expiry date of the warrants, if they are less than the maximum permitted term.
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